Industry Outlook Analysis

Industry Outlook Analysis

Community power plant project is considered one of the important strategic policies to not only build sustainability in energy consumption across communities, but also generate extra income for local residents via sales of agricultural-based materials as fuel. Biomass community power plants may help... Read more

Demand for biofuel blended with diesel and gasoline fuels has increased steadily in recent years, supported by pricing mechanism and the increase in the number of biofuel-powered vehicles. Although prices of biofuel blends are attractive, thanks to state subsidies, such blends with lower proportion ... Read more

The State Oil Fund Act 2019, effective on September 24, 2019, will terminate price subsidies for biofuels within three years. Nonetheless, the government has not announced criteria or regulations in the aftermath of price subsidy abrogation. KResearch views that the termination of the price subsidy ... Read more

A rapid rise in demand for bio-fuel is attributable to several basic reasons. These include concern over the shortage of fossil-based fuels and the need to reduce dependency on such fuels by turning to bio-fuel that is more environment friendly as it helps cut greenhouse gas emissions, increase farm... Read more

In February 2019, the Energy Ministry announced measures to tackle PM 2.5 dust by upgrading the diesel standard to Euro 5, which limits the emission of sulfur compounds to under 10 parts per million (PPM) from 50 PPM under Euro 4. KResearch views that if business operators switch to premium grade di... Read more